GBPJPY - 2H - Gartley morph into Crab for 5th wave completion?

FX:GBPJPY   英镑/日元
114 2
This is a followup to the idea from yesterday (link below)
yesterday i said the X point of the gartley was the potential 5th wave of the recent downmove. now that we violated X, this doesnt work anyway, so i had to rethink my view on the waves. I think a reasonable scenario would be to make wave 3 an extended wave with another 5 wave stucture inside it.
that would explain the recent downmove. now the question is where does wave 5 end.
my line in th sand is this crab pattern that terminates in a big fib cluster zone between the 2 realevant crab projections of 1618XA and 3.618 BC just above the very powerful 618 retracement of the "recent" impulse upwards we saw on the weekly timeframe . I think a bigger bounce of that area will be likly.

till we get there i think its wise to stay on the short side. i guess we will see a bit of a correction soon since the momentum spike down. so the end of that correction could be a reason to go short. to trade price down in the cluster area
nice post :)
thank you
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
概述 个人资料设置 账号和账单 我的客服工单 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出